Honda and Nissan, once rivals, are talking about merging — and Nissan investors are thrilled

Nissan and Honda are considering a merger to help them compete in the EV industry. The news sent Nissan stocks skyrocketing nearly 22% on Tuesday.It comes as the Japanese car companies struggle with slumping profits.Honda and Nissan are set to negotiate a possible merger that could see the two Japanese car heavyweights strengthen their existing ties and increase their collective power in the region and on the global automotive stage.Advertisement Japanese newspaper Nikkei reported news of the possible merg ...